73 Martin St Essex — Photo 1 of 40
Recent Drop: $50,000
$1,750,000
Investment Analysis — 73 Martin St
Essex, MA 01929
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01929 carries an estimated $4,080/mo in gross rent — about a 1.44% cap rate and $25,116/yr in estimated NOI at the $1,750,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,371
Style
Multi Family
Built
1857
A rare updated multi-building estate offering great flexibility to convert into a multifamily or guest accommodations. Designed for both connection and privacy, this property is located on a 0.69-acre lot in desirable Essex and provides easy access to local amenities, scenic coastal views, and the charm of a historic New England community. The main house features 3,371 sq. ft., with an open-concept living room, dining area, and bright kitchen, as well as a nice primary bedroom with a private bathroom on the main level. Upstairs offers four bedrooms, including a potential second primary suite with a private bathroom, along with three additional bedrooms, a full bathroom, a laundry room, a relaxing balcony, and deck access. The third level has a big multipurpose room with an amazing custom walking closet. Additional features include a versatile finished space above the two-car garage, perfect for a game room. Also, a detached guest house/studio. The backyard has a farmhouse style
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Park • Golf • Laundromat • Conservation Area • House of Worship • Public School
Geography
Property History
$1,750,000
Was $1,800,000
Aug 25, 2026
MLS® 73540156
$1,800,000
Jun 23, 2026
MLS® 73540156
Listing Agent: Gabriela Debenedictis
Listing Office: Coldwell Banker Realty - Manchester
MLS® Number: 73540156